May 28 Reuters Property firm China Evergrande Group said on Tuesday its liquidators have made only modest realisations of the company39;s assets and were now seeking investors for restructuring.

The embattled developer39;s liquidity and other internal resources remain limited, a filing by the company showed.

In view of the company39;s level of indebtedness and the challenges faced by the Group39;s business and operations, in the absence of substantial new investment into the company, the liquidators do not currently see a path to a restructuring that would enable the Company to satisfy the resumption guidance, the liquidators said in the filing.

Earlier this year, China Evergrande, the world39;s most indebted property developer, was ordered to be liquidated after it was unable to offer a concrete restructuring plan.

This was more than two years after it defaulted on its offshore debt and followed several court hearings.

The company said its trading of its shares will remain suspended until further notice.

Reporting by Poonam Behura in Bengaluru; Editing by Savio D39;Souza and Shinjini Ganguli

Source Reuters